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Office Building with Outdoor Storage
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5000 Letterkenny Road, Chambersburg, PA 17201

36,000+/- SF office building offers flexible suites, ample onsite parking, and outdoor storage near major regional routes.

Property Size7,500 SF
Price / SF$292.67
Days on Market2

Property Features for 5000 Letterkenny Road

General Information

Standard status Active
Size 7,500 SF
Property subtype OFFICE

Additional Details

Highway Access Yes

Amenities

outdoor storage
secure building

Building Details

Buildings 1
Building Size 36,000 SF
Tenancy Multi
Listing Agency: Landmark Commercial Realty
Listed By: Michael Rohm
Source: Moodyscre
Added: Jul 29 Changed: Jul 30 Last Checked: Jul 30 at 4:07PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Landmark Commercial Realty

Investment Insights

Based on property information with market context.

5000 Letterkenny Road presents a 36,000+/- square foot office building designed to support a range of tenant needs. The property includes ample onsite parking, outdoor storage, and a secure building environment. Suite sizes range from 375 SF to 6,093 SF, giving businesses options for different office footprints.

Convenient access supports day-to-day operations and client travel, with the building located near I-81 as well as Route 11 and Route 30. This connectivity can help businesses serve customers and teams across the Central PA region.

Tenants also have the option for tailored renovations to customize their office suites, subject to mutually agreeable terms. The combination of flexible suite sizing and renovation flexibility is intended to accommodate evolving workplace requirements over time.

Key Highlights

  • 36,000+/- SF office building with suite sizes from 375 SF to 6,093 SF
  • Outdoor storage on site
  • Secure building with ample onsite parking

Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $150.3k $20.04
− Vacancy −$27.1k −$3.61
EGI $123.2k $16.43
− OpEx −$30.8k −$4.11
NOI $92.4k $12.32
7,500 SF · lease $20.04/SF/yr · vacancy 18.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$1.32M
$1.16M – $1.54M (±1% cap)
NOI $92,435 @ 7.0% cap · market cap 4.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.82M
$1.59M – $2.12M (±1% cap)
NOI $127,296 @ 7.0% cap · market cap 5.80%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Hewlett-Packard Electronics & Wireless Store Sunrise Home Care ... Home Health Care Service SecureStrux IT Consulting Firm SAIC Inc Engineering Consultant

Suggested Use

Top Pick HVAC Service Auto Repair Shop Plumbing Service Auto Parts Store Garden Center Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

72
Businesses Nearby

Demographics for 17201, PA

27,556
Population
12,749
Households
2.2
Avg Household Size
39
Median Age
28%
College-Educated
91%
High-School Grad
19.1 sq mi
ZIP Area
1,443
Density / Sq Mi
$59,645
Median Household Income
$42,500
Median Earnings
$1,109
Median Rent
$206,800
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - 36,000+/- SF office building offers flexible suites, ample onsite parking, and outdoor storage near major regional routes.
Where is this office building located?
The property is located at 5000 Letterkenny Road Chambersburg, PA.
What is the asking price?
The asking price for this property is $2,195,000.
What are key features of this property?
This property features: 36,000+/- SF office building with suite sizes from 375 SF to 6,093 SF; Outdoor storage on site; Secure building with ample onsite parking
(717) 731-1990 Call to check price and availability
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